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Stock Market & Financial Investment News

News Breaks
February 5, 2014
07:03 EDTCVSCVS Caremark to stop selling tobacco at all locations by October 1
The decision to exit the tobacco category does not affect the company's 2014 segment operating profit guidance, 2014 EPS guidance, or the company's five-year financial projections. The company estimates that it will lose approximately $2B in revenues on an annual basis from the tobacco shopper, equating to approximately 17c per share. Given the anticipated timing for implementation of this change, the impact to 2014 earnings per share is expected to be in the range of 6c-9c per share. The company has identified incremental opportunities that are expected to offset the profitability impact.
News For CVS From The Last 14 Days
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February 8, 2016
14:28 EDTCVSNotable companies reporting before tomorrow's open
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07:58 EDTCVSCVS Health volatility elevated into Q4 and outlook
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February 3, 2016
09:32 EDTCVSCVS Health initiated with an Overweight at Atlantic Equities
Target $114.
February 1, 2016
13:20 EDTCVSCVS Health to make overdose-reversing drug available without prescription in OH
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10:51 EDTCVSActive calls; INTC CVS TWTR APC BAC
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